Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Loan lending for households in Bulgaria might be tightened, says BNB governor

Photo: niepotrebitelite.eu

Lending loans to households may be tightened following an analysis of data for the first quarter of this year. This was stated by the Governor of the Bulgarian National Bank, Dimitar Radev, in an interview for the BNR. According to him, such measures will be approached very carefully. The idea is being considered against the backdrop of growth in mortgage lending and household indebtedness.

Radev also pointed out that the adopted plan for the adoption of the euro was prepared based on a target date of January 1, 2025. When asked about a possible change of this date, he answered: "I don't think it is very productive to focus on the date now. Rather, the focus should be on what needs to be done." 

He specified that this decision depends not only on Bulgaria, but also on its partners, with whom the issues of our membership in the Eurozone are discussed.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Survey: Almost half of Bulgarians sceptical about euro adoption

47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..

published on 5/10/24 10:39 AM

OECD expects inflation in Bulgaria to slow from 9.5% in 2023 to 3.0% in 2024

The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..

published on 5/2/24 5:42 PM

Zero VAT on flour and bread extended until end of 2024

MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most..

published on 4/30/24 6:09 PM